In the first quarter of 2024, the South Korean Won surpassed the US dollar as the leading currency for global cryptocurrency trades, with a cumulative trade volume of $ 456 billion according to research firm Kaiko, reflecting a growing speculative interest in risky crypto assets in South Korea. The increase in Korean won-denominated trades …
43 Bitcoin Projects Secure Key Funding in 2024 Attracting Over $127 Million
Since the onset of 2024, the Bitcoin ecosystem has seen an influx of capital flowing into startups. Data gathered by Coin98 Analytics from the web portal crypto-fundraising.info, reveals that over the past few months, 43 Bitcoin-centric projects have secured funding from key investors. Startups Dedicated to the Bitcoin Ecosystem Gather Significant Capital Injections A fresh […]
8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024
Despite experiencing a downturn for four straight weeks, eight blockchain networks logged $ 3.77 billion in non-fungible token (NFT) sales in the first quarter of 2024. Leading the charge, Ethereum-centric NFTs accounted for $ 1.4 billion or 37% of the NFT sales during Q1 2024. The Dual Forces of Organic NFT Sales and …
B2Prime’s Q1 Fiscal 2024 Results Highlight Strong Growth and Regulatory Compliance
PRESS RELEASE. B2Prime, a renowned multi-asset Prime of Prime liquidity provider, disclosed financial results of its Parent Company B2B Prime Services EU for January and February 2024. The report aims to highlight the company’s dedication to transparency, regulatory compliance, and market leadership. Regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services […]
Defi Platforms Lose More Than $336 Million in Digital Funds in Q1 of 2024, Study Finds
In the first quarter of 2024, more than $ 336 million in digital assets were stolen from decentralized finance platforms across 61 incidents of hacking and fraud. During this period, criminals made off with digital assets valued at $ 144.48 million in two major hacking incidents. In contrast, centralized finance platforms reported no …